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RSI Exhaustion • Minimalist Trading

18 508
The RSI Exhaustion is an essential replacement of the standard RSI indicator because it is able to identify and highlight hidden exhaustion levels.

The indicator is crucial, even to the novice trader, to accurately spot trend reversal or trend continuation opportunities particularly when the RSI is neither overbought nor oversold. Additionally, the RSI Exhaustion becomes helpful in confirming extreme overbought or oversold RSI conditions.

By identifying hidden exhaustion levels, the RSI Exhaustion indicator represents an essential support to the trader in effectively reading the market and taking only the best opportunities.

The indicator is available via subscription and you can enjoy a free trial. To know more about the indicator and start the trial simply visit the link below.

➡ Try the indicator
Release Notes
Algorithm optimization
Release Notes
Ability to display a Custom Channel and trigger alerts only when RSI is inside or outside the channel.
Release Notes
Update to alerts
Release Notes
Added support to decimal numbers to Custom Channel high/low levels
Release Notes
Update to the latest Pine version
Release Notes
  • Combined exhaustion alerts
  • Overall code optimization
  • Update to Pine Script v.5

Release Notes
Bug fix to colors after update to Pine Script v.5

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact a.b directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

You can try the RSI Exhaustion and the other Minimalist Trading indicators by requesting a trial on https://minimalisttrading.com
Warning: please read our guide for invite-only scripts before requesting access.
a.b
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📈 Trading Indicators
💚 1-Week FREE Trial: minimalisttrading.com
❤️ Trading videos: bit.ly/MT-Channel

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Also on:
advancedsignalbarsbottomstopssignalbreakoutpivotalbarslevelsandzonesminimalisttradingOscillatorsrsiexhaustionsentimentindexTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
advancedsignalbarsbottomstopssignalbreakoutpivotalbarslevelsandzonesminimalisttradingOscillatorsrsiexhaustionsentimentindexTrend Analysis

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact a.b directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

You can try the RSI Exhaustion and the other Minimalist Trading indicators by requesting a trial on https://minimalisttrading.com
Warning: please read our guide for invite-only scripts before requesting access.
a.b
🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻

📈 Trading Indicators
💚 1-Week FREE Trial: minimalisttrading.com
❤️ Trading videos: bit.ly/MT-Channel

🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.